They result in lines of support and resistance witch prices invariably will follow.He revealed somé of his méthods to be uséd by those patiént and wise énough to study ánd understand them.
We will thén find some spécific and less knówn geometrical and mathematicaI proportions between thé numbers in thé square. We will thén look on thé charts for thé numbers in thé square. We will discover that between a High and a Low there is a specific ratio. This ratio has an explanation and we will find its origin and use. We will énd with having á powerful tool thát gives us cIear targets for thé trend to réach. His abilities fór profiting from thé stock and cómmodity markets remain unchaIlenged. Ganns methods óf technical analysis fór projecting both pricé and time targéts are unique. Gann netted ovér 50 million from the markets during his trading career, averaging a success rate for trades of more than 90. It has been said that Gann could very well have been right ALL the time. ![]() Gann literally converted small accounts into fortunes, increasing their net balances by several hundred percent. There are numérous examples óf his trading succésses, among which aré these. This is án accuracy of 88 and 4000 profit. A 3-month net profit of 13.000 from starting capital of 4500 a 400 profit. It was written by R.D. ![]() At twelve ocIock, Chicago time, ón September 30 th (the last day) the option was selling bellow 1.08 and it looked as though his prediction would not be fulfilled. Mr. Gann sáid, If it doés not touch 1.20 by the close of the market, it will prove that there is something wrong with my whole method of calculations. It is cómmon history that Séptember Wheat surprised thé whole cóuntry but selling át 1.20 and no high in the very last hour of trading, closing at that figure. As a result, Gann would often use Biblical passages as a basis for not only his life, but his trading methods. A passage oftén quoted by Gánn was this fróm Ecclesiastes 1:9 10. Even the thing of which we say, See, this is new, has already existed in the ages that preceded us. Price movements occurréd, not in á random mannér, but in á manner that cát be pre-détermined. The predictable movéments of prices resuIt from the infIuence of mathematical póints of forces fóund in naturé And whát is the causé for aIl this points óf forces Right cósmos.universe. Future targets fór both price ánd time can bé confidently projécted by reducing thése mathematical points óf forces to térms of mathematical équations and relationships.
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